Question: Xerox Corp has a common stock that will pay a dividend of $13 per share next year. If the required return is 0.29 and the

Xerox Corp has a common stock that will pay a dividend of $13 per share next year. If the required return is 0.29 and the growth rate of firm is 0.09, find the common stock price today. (Round to the nearest dollar.)

a. $65.0

b. $34.1

c. $57.0

d. $63.3

e. $112.4

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